Qijing Machinery - Asset Resilience Ratio
Qijing Machinery (603677) has an Asset Resilience Ratio of 3.25% as of June 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read Qijing Machinery total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2023)
This chart shows how Qijing Machinery's Asset Resilience Ratio has changed over time. See what is Qijing Machinery's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Qijing Machinery's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market value of Qijing Machinery.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥76.66 Million | 3.25% |
| Total Liquid Assets | CN¥76.66 Million | 3.25% |
Asset Resilience Insights
- Limited Liquidity: Qijing Machinery maintains only 3.25% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Qijing Machinery Industry Peers by Asset Resilience Ratio
Compare Qijing Machinery's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shandong Linglong Tyre Co Ltd
SHG:601966 |
Auto Parts | 0.92% |
|
Zhejiang Songyuan Automotive Safety
SHE:300893 |
Auto Parts | 0.01% |
|
Tian Jin Motor Dies Co Ltd
SHE:002510 |
Auto Parts | 0.11% |
|
Burelle SA
PA:BUR |
Auto Parts | -2.91% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Giti Tire Corp
SHG:600182 |
Auto Parts | 0.03% |
|
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A
SHG:603655 |
Auto Parts | 21.46% |
|
Ningbo Gaofa Automotive Ctrl
SHG:603788 |
Auto Parts | 14.61% |
Annual Asset Resilience Ratio for Qijing Machinery (2011–2023)
The table below shows the annual Asset Resilience Ratio data for Qijing Machinery.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.76% | CN¥80.63 Million ≈ $11.80 Million |
CN¥2.14 Billion ≈ $313.82 Million |
+1.74pp |
| 2022-12-31 | 2.02% | CN¥40.63 Million ≈ $5.94 Million |
CN¥2.01 Billion ≈ $294.00 Million |
+1.89pp |
| 2021-12-31 | 0.13% | CN¥2.73 Million ≈ $399.35K |
CN¥2.06 Billion ≈ $300.85 Million |
-3.74pp |
| 2020-12-31 | 3.87% | CN¥70.00 Million ≈ $10.24 Million |
CN¥1.81 Billion ≈ $264.58 Million |
-1.99pp |
| 2019-12-31 | 5.86% | CN¥104.05 Million ≈ $15.23 Million |
CN¥1.77 Billion ≈ $259.73 Million |
+5.86pp |
| 2018-12-31 | 0.00% | CN¥17.75K ≈ $2.60K |
CN¥2.00 Billion ≈ $293.23 Million |
-3.37pp |
| 2017-12-31 | 3.37% | CN¥47.00 Million ≈ $6.88 Million |
CN¥1.39 Billion ≈ $203.85 Million |
+3.34pp |
| 2011-12-31 | 0.03% | CN¥296.86K ≈ $43.44K |
CN¥901.78 Million ≈ $131.96 Million |
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About Qijing Machinery
Qijing Machinery Co., Ltd. researches and develops, produces, and sells electric tool parts in China. It offers home appliance parts, such as washing machine clutch parts, washing machine injection molding parts, drum washing machine spare parts, and dishwasher parts; auto parts including engine parts, gearbox parts, engineering machinery parts, etc., mainly used in automobile car engines, gearbo… Read more